SOURCE: Sense Technologies, Inc.

December 07, 2015 08:30 ET

Sense Technologies Enters the $49 Billion Waste Collection Services Industry With a Commercial Vehicle Safety Solution Aimed at Saving Lives

GRAND ISLAND, NE--(Marketwired - December 07, 2015) - Sense Technologies, Inc. (OTC PINK: SNSFG) announced today that it is entering the $49 Billion waste collection service industry with safety solutions for blind spot detection systems aimed at saving lives.

The average American produces over 4 pounds of trash per day. That's more than enough waste to fill over 65,000 garbage trucks daily. It is estimated that there are over 185,000 garbage trucks running in the United States.

"We understand the unique challenges and blind spots created by refuse trucks. Our products assist drivers in facing these challenges as they navigate alleys, busy streets, and tight turns," said Mr. Bruce Schreiner, CEO.

Depending on the type, garbage trucks can cost an average of $130,000 to $235,000 per unit. Municipalities can spent millions a year to purchase and maintain a fleet of vehicles to service their communities.

In 2013 there were over 15,000 fatality accidents over a five-year period. According to the survey of over 22,000 trucks, garbage trucks were the third leading cause of fatalities with an average 5.12 death per every 100 million miles driven.

According to the National Institute for Occupational Health, solid waste collection continues to have the fifth highest fatality rate in the United States -- 40.7 fatalities per 100,000 workers.

About Sense Technologies, Inc.

Sense Technologies develops and markets backing awareness products for safety. For additional information, visit www.sensetech.com.

This press release consists of forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Those statements include statements regarding the intent, belief or current expectations of the Company and its management. In particular, there is no assurance that the parties will reach a definitive agreement for the proposed transaction or that the transaction will be completed. Additionally, no assurance can be provided that the terms of any transaction will be similar to those contemplated by the Letter of Intent. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve a number of risks and uncertainties, and actual results could differ materially from those indicated by such forward looking statements. The Company assumes no obligation to update the information contained in this press release, whether as a result of new information, future events, or otherwise.

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